Cabot Oil and Gas to Benefit From U.S. Cold Snap

Icy weather is helping propel natural gas prices to a six-month high, which spells good news for low-cost producer Cabot Oil and Gas.

Given the recent cold snap enveloping much of the U.S., we've warmed up even more to the idea of investing in Cabot Oil and Gas. On Monday, natural gas prices hit a six-month high as icy weather across much of the country sparked higher demand for heating fuel. That bodes well for Cabot Oil and Gas (ticker: COG), which has some of the lowest gas-production costs in the business, along with fast production growth.

Cabot shares surged 4.6% Monday to $36.82 and are up fractionally today to a recent $37.03. But Wall Street's...